Back to the Future of Twitter

Twitter should go private and return to its pre-2012 approach of being a centralized service with third-party clients. | Continue reading


@stratechery.com | 4 years ago

DALL-E, the Metaverse, and Zero Marginal Content

Machine-learning generated content has major implications on the Metaverse, because it brings the marginal cost of production to zero. | Continue reading


@stratechery.com | 4 years ago

Why Netflix Should Sell Ads

Netflix has been resolutely opposed to selling ads, prioritizing the user experience; however, the market conditions for streaming have changed, and so should Netflix | Continue reading


@stratechery.com | 4 years ago

An Interview with Nvidia CEO Jensen Huang about Manufacturing Intelligence

It took a few moments to realize what was striking about the opening video for Nvidia’s GTC conference: the complete absence of humans. That the video ended with Jensen Huang, the founder and… | Continue reading


@stratechery.com | 4 years ago

The Current Thing

If businesses are subject to Aggregation Theory, then so are ideas: this is the root of the "The Current Thing" meme, and it should drive a re-evaluation of how we think about moderating content on the Internet. | Continue reading


@stratechery.com | 4 years ago

Tech and War

The reaction to the Ukraine invasion has been a demonstration of tech capabilities; those capabilities may be the key to compelling China to pressure Russia. | Continue reading


@stratechery.com | 4 years ago

An Interview with Intel CEO Pat Gelsinger

An interview with Intel CEO Pat Gelsinger about IDM 2.0, the acquisition of Tower Semiconductor, and the choices Intel did not make. | Continue reading


@stratechery.com | 4 years ago

Shopify’s Evolution

Shopify should build an advertising business to complement Shop Pay and the Shopify Fulfillment Network | Continue reading


@stratechery.com | 4 years ago

Digital Advertising in 2022

The advertising has shifted from a Google-Facebook duopoly to one where Amazon and potentially Apple are major forces. | Continue reading


@stratechery.com | 4 years ago

Gaming the Smiling Curve

The spate of recent acquisitions in the gaming space — Take Two and Zynga, Microsoft and Activision, and Sony and Bungie — make sense in the context of the Smiling Curve. | Continue reading


@stratechery.com | 4 years ago

The Intel Split

It appears that Intel’s partnership with TSMC is much larger than it first seemed; the implications for Intel as whole are massive. | Continue reading


@stratechery.com | 4 years ago

OpenSea, Web3, and Aggregation Theory

OpenSea is positioned as another Aggregator, which is evidence that Web 3 is a layer on top of the Internet, not a replacement. | Continue reading


@stratechery.com | 4 years ago

The 2021 Stratechery Year in Review

The most popular and most important posts on Stratechery in 2021. | Continue reading


@stratechery.com | 4 years ago

The Great Bifurcation

Tracing the evolution of tech’s three eras, and why the fourth era — the Metaverse — is defined by its bifurcation with the physical world. | Continue reading


@stratechery.com | 4 years ago

The Amazon Empire Strikes Back

Amazon’s logistics investment makes the company increasingly attractive to 3rd party merchants. | Continue reading


@stratechery.com | 4 years ago

Twitter Has a New CEO; What About a New Business Model?

Twitter is changing CEOs once again; what if the company changed its business model from ads to subscriptions? | Continue reading


@stratechery.com | 4 years ago

Unity, Weta, and Faceless Platforms

Unity’s acquisition of Weta digital makes sense for both sides, and positions Unity to be an essential platform for tech’s future. | Continue reading


@stratechery.com | 4 years ago

Microsoft and the Metaverse

Defining the Metaverse, and explaining why Microsoft is well-placed for the virtual reality opportunity | Continue reading


@stratechery.com | 4 years ago

Stratechery – An Interview with Mark Zuckerberg about the Metaverse

An Interview with Mark Zuckerberg about the Metaverse | Continue reading


@stratechery.com | 4 years ago

Meta

Facebook’s reorganization into Meta is the ultimate bet on the power of founder control. | Continue reading


@stratechery.com | 4 years ago

Sequoia Productive Capital

Sequoia’s transformation of its venture capital is actually a shift from financial capital to productive capital | Continue reading


@stratechery.com | 4 years ago

The Death and Birth of Technological Revolutions

Carlota Perez documents technological revolutions, and thinks we’re in the middle of the current one; what, though, if we are nearing its maturation? Is crypto next? | Continue reading


@stratechery.com | 4 years ago

Facebook Political Problems

Facebook’s political problems stem directly from its size and drive for growth; they are societal issues, not antitrust ones. | Continue reading


@stratechery.com | 4 years ago

Facebook Political Problems

Facebook’s political problems stem directly from its size and drive for growth; they are societal issues, not antitrust ones. | Continue reading


@stratechery.com | 4 years ago

Cloudflare's Disruption

Cloudflare’s new storage offering is potentially disruptive both economically and strategically. | Continue reading


@stratechery.com | 4 years ago

The Apple v. Epic Decision

Understanding Apple’s victory in Apple v. Epic, and the limitations of the injunction on anti-steering provisions. | Continue reading


@stratechery.com | 4 years ago

Tech Epochs and the App Store Trap

Centralized control is useful at the beginning of an economy, but limits innovation in the long run. That is as true for China as it is for the App Store. | Continue reading


@stratechery.com | 4 years ago

Regulators and Reality

The FTC’s new Facebook case isn’t any better than the old one, even as there are ever more questions about the potential harm of regulatory interference | Continue reading


@stratechery.com | 4 years ago

Apple’s Mistake

While it’s possible to understand Apple’s motivations behind its decision to enable on-device scanning, the company had a better way to satisfy its societal obligations while preserving… | Continue reading


@stratechery.com | 4 years ago

Metaverses

The Metaverse of Snow Crash is not a good analogy for the future, as the Internet breaks down into Stephenson’s dystopia | Continue reading


@stratechery.com | 4 years ago

Instagram’s Evolution

Instagram’s shift away from being a photo-sharing app is very much inline with the service’s continuous evolution. | Continue reading


@stratechery.com | 5 years ago

The Lightness of Windows

The Windows 11 announcement was fun and interesting, but there is a reason that Windows is no longer the center of Microsoft’s business. | Continue reading


@stratechery.com | 5 years ago

Pandemic Progress

Marc Andreessen has changed his tone over the past year; there is a cynical interpretation, but I think the shift is justified. | Continue reading


@stratechery.com | 5 years ago

The Cicilline Salvo

A package of new proposed laws for regulating tech companies are in part a negotiating ploy, but also an indicator of change. | Continue reading


@stratechery.com | 5 years ago

Integrated Apple and App Store Risk

WWDC highlighted how Apple’s differentiation is based on integration; the company ought not risk that differentiation for exploitive App Store policies. | Continue reading


@stratechery.com | 5 years ago

Passport

Announcing Passport, the new infrastructure supporting Stratechery. | Continue reading


@stratechery.com | 5 years ago

Break: June 1–2, 2021

Stratechery is on break June 1–2, 2021. | Continue reading


@stratechery.com | 5 years ago

App Store Arguments

There are all kinds of arguments to make about the App Store, and nearly all of them are good ones; that’s why the best solution can only come from Apple. | Continue reading


@stratechery.com | 5 years ago

Distribution and Demand

Distribution on the Internet is free; what matters is controlling demand. AT&T and Verizon didn’t understand the distinction. | Continue reading


@stratechery.com | 5 years ago

Cloudflare on the Edge

Cloudflare is uniquely positioned to become a major player in an Internet 3.0 world, where politics matter more than economics. | Continue reading


@stratechery.com | 5 years ago

Clubhouse Struggling

It’s not enough to see the future; timing matters. Plus, Clubhouse is struggling, which means it time for me to take accountability for my analysis. | Continue reading


@stratechery.com | 5 years ago

Market-Making on the Internet

More and more opportunities on the web come from market marking, not for advertisers, but for real goods and services paid for with real money. | Continue reading


@stratechery.com | 5 years ago

Spotify’s Surprise

Spotify’s new subscription podcast offerings embrace the open ecosystem of podcasts in multiple ways. | Continue reading


@stratechery.com | 5 years ago

Podcast Subscriptions vs. the App Store

Apple’s new Podcast Subscription service is what the App Store should be: a great Apple experience competing for customers. | Continue reading


@stratechery.com | 5 years ago

Non-Fungible Taylor Swift

Taylor Swift, like Dave Chappelle, is leveraging the power of the Internet to take control of their art. | Continue reading


@stratechery.com | 5 years ago

Intel Unleashed, Gelsinger on Intel, IDM 2.0

New Intel CEO Pat Gelsinger delivered a keynote with the right strategy, the right tactics, and most importantly, the right spirit to return Intel to success. | Continue reading


@stratechery.com | 5 years ago

Sovereign Writers and Substack

Substack is at the center of media controversy, most of which misses the point that sovereign writers — not Substack — are in control. | Continue reading


@stratechery.com | 5 years ago

Sovereign Writers and Substack

Substack is at the center of media controversy, most of which misses the point that sovereign writers — not Substack — are in control. | Continue reading


@stratechery.com | 5 years ago